Which statement about pie charts is most accurate?
A) Pie charts are most useful for technical audiences.
B) Pie charts are most appropriate for showing percentages.
C) Pie charts are more flexible than bar or line charts.
D) Pie charts can be confusing to readers because of the use of multiple colors.
B
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A company has prepared the operating budget and the cash budget and is now preparing the budgeted balance sheet. The balance of Finished Goods Inventory can be taken from the ________
A) production budget and cost of goods sold budget B) financial budget C) cash budget D) selling and administrative expenses budget
Which type of distribution would best model the waiting times of the departing flights at JFK international airport?
A) The uniform distribution B) The normal distribution C) The binomial distribution D) The exponential distribution